Inside China’s Most Unbelievable Scam | Local Government Involved in Scamming
Inside China’s Most Unbelievable Scam | Local Government Involved in Scamming
Inside China’s Most Unbelievable Scam | Local Government Involved in Scamming
Recently, a highly unbelievable case of fraud has been widely discussed on the Internet in mainland China, but all related reports have since been deleted. The main instigator behind the fraud turned out to be the municipal government of Yangzhou City, Jiangsu Province, which involved the wages of thousands of migrant workers and hundreds of millions of project funds.
Recently, Netease and other websites in mainland China reported on a nearly unbelievable fraud case. According to the reports, in 2020, an individual claiming to be a "Yangzhou businessman" approached three Shanghai engineering construction companies and convinced them to take on the renovation project of an old residential area in the Jiangdu District of Yangzhou City in Jiangsu Province. The individual charged the companies tens of millions of yuan as intermediary fees. However, by the end of 2022, when the renovation project covering 1.8 million square meters across over 40 communities in Jiangdu District was almost complete, the companies were told that the government had no record of the project and they had been scammed.